Story of the Day – Page 2
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News AnalysisSector must ‘start again’ to tackle ‘different beast’ of commercial fraud
’It wasn’t that long ago that the insurance industry came together to tackle major personal lines fraud, so it should be easy to do it again,’ says executive director
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News AnalysisIn Focus: Was Gap insurance ‘unfairly targeted’ by the FCA?
’The way [the FCA has] gone about it, closing down an entire market, is unheard of,’ says managing director
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News AnalysisBeyond borders: Why UK brokers are expanding into Europe
If scale is not sought in Europe, then PE-backed brokers may find themselves being consolidated, further shrinking the UK’s broking mid-market – but what marketplaces are proving most attractive for acquisitional growth?
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News AnalysisBroker schemes data shows overarching commission growth stutter
‘The latest set of data presents a mixed bag,’ says SchemeServe chief executive
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NewsMotor market currently ‘at about the softest point in the cycle’ – Geoff Carter
‘Our view is that the market is substantially underpriced on new business at the moment – the pendulum has swung too far,’ says chief executive
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NewsInsurers ‘aren’t promoting’ telematics enough to consumers
’The richness and relevance of telematics data remain invaluable to insurers committed to fair pricing and improved road safety,’ says head
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News AnalysisInsurance industry needs to hire ‘skills for the future’ instead of focusing on the past
’What were network engineers doing 10 years ago – plugging cables into the back of boxes? That’s not what they are doing now,’ says expert
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IT InterviewDan Saulter: Growth remains on the agenda as Davies sets out 2030 targets
Chief executive confirms that organic growth is the professional services firm’s main growth lever for the next five years – however M&A is not off the table if a deal is ‘complimentary to our strategic objectives’
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News AnalysisIs the industry doing enough to attract care leavers?
’It is important for children in care to see individuals with similar backgrounds achieving successful careers in the financial services industry,’ says sales operations consultant
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News AnalysisHow UK brokers are adapting to a tougher compliance landscape
The cost of regulation in the UK has never been higher, so how are brokers navigating a more arduous landscape?
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IT InterviewRachel Turk: Changing perceptions at Lloyd’s and improving coverholder supervision
Lloyd’s of London’s chief underwriting officer talks recent results and the need for future underwriting discipline
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News AnalysisSolicitors secure premium benefits as professional indemnity market stabilises
Although the majority of legal professionals are now enjoying ‘favourable’ PI premiums, ‘smaller firms and firms doing property work still face challenges’ finding affordable cover
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IT InterviewAlex Jomaa: Brokers ‘have been let down by insurers’ on customer cyber education
’What you have to keep in mind about the cyber crime industry is that it is an industry, that it is hugely lucrative and is dependent upon skilled technicians to deliver the various stages of an attack with different skill sets,’ says CUO
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News AnalysisMarket responds as FCA shelves ‘name and shame’ and D&I proposals
The updates were revealed in a letter sent to the Treasury Select Committee
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NewsZurich updates Innovation Championship programme to scout for problem solving startups
Insurer introduces ‘venture client engine’ element to collaboration scheme, looking to build ‘eye to eye’ partnerships with startups
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News AnalysisIn Focus: How could the motor market evolve following legal and regulatory scrutiny?
Insurance Times quizzes the industry on how the motor insurance market could evolve considering the Supreme Court’s recent motor finance case and the FCA’s increased focus on premium finance
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News AnalysisThe Big Question: How can insurance firms stay competitive and differentiate themselves in a soft market?
As softening market rates proliferate, Insurance Times quizzes industry experts on how firms can stay ahead of the pack amid premium price dips
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News AnalysisSector’s goal of gender parity demands action – Sarah Vaughan
‘Understanding the root causes of the underrepresentation of women, particularly in certain industries and at senior levels, is crucial,’ says founder and director
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News AnalysisInsurer gender pay gap reports flag senior staff imbalance and part-time job problem
Median gender pay gaps across the UK’s largest insurers are higher than the national average – but how are these firms seeking to improve pay parity?
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News AnalysisRooftop risks – how is the insurance sector tackling the proliferation of solar panels?
’Solar panels, while a valuable renewable energy source, present a number of risks that homeowners and insurers need to consider,’ says head of product
